Spire Ventures invested and formed Pi Labs in 2014. Fast forward three years, Spire Ventures has built a fully fledged investment team, headed by MD Dominic Wilson. Pi Labs recently closed its second fund, and has investors such as Nick Leslau (Chairman of Prestbury Group) and Varde Partners (Global investment adviser) on board at the GP level.

LP investors in the fund include Round Hill Capital, Alpha Real Capital, Altus Group, and Hamilton Bradshaw among others. Pi Labs has a strategic collaboration with CBRE to enable North American and global expansion, respectively, for the portfolio.

In 2017, Pi Labs raised a $10m prop-tech focused fund and has invested in over 30+ tech companies. The vision at Pi Labs is to continue to grow the portfolio of tech companies over the next 5 years.